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on top of the extension to the bush tax cuts. >> i don't have a $5 trillion tax cut. i don't have a tax cut. of a scale that you're talking about. i will not reduce the share paid by high income individuals. i know that you and your running mate keep saying that and i know it's a popular thing to say with a lot of people burks it's just not the case. look, i got five boys, i'm used to people saying something that's not always true. >> health care, romney was on offense, touting what he passed in massachusetts as an example of a bipartisan compromise and a model for the whole country at the state level. >> we've seen this model work really well. in massachusetts because governor romney did a good thing, working with democrats in the state to set up what is essentially the identical model. >> i like the way we did it in massachusetts. entirely on a partisan basis instead of bringing america together and having a discussion at this important topic, you pushed through something that you and nancy pelosi and harry reid thought something was the best answer and drove it thr
on top of the extension to the bush tax cuts. >> i don't have a $5 trillion tax cut. i don't have a tax cut. of a scale that you're talking about. i will not reduce the share paid by high income individuals. i know that you and your running mate keep saying that and i know it's a popular thing to say with a lot of people burks it's just not the case. look, i got five boys, i'm used to people saying something that's not always true. >> health care, romney was on offense, touting what...
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a tax cut that ads to the deficit. that is part one. there is no economist that can say mitt romney tax plan adds $5 trillion if i say i will not add to the deficit with my tax plan. >> if you are lowering the rates the way you describe, governor, it is not possible to come up with enough deductions and loopholes that only affect high overincome individuals to avoid either raising the deficit or burdening the middle class. it is math. >>trace: which candidate had the upper hand and how much was accurate? with me is the associate editor of the financial weekly owned by the parent of this company. michael, romney says if you lower the tax rates what happens is, businesses have more money. businesses have more money they can hire more people and, guess what, everyone starts paying taxes and that is how you close the deficit. true? >>guest: it is true that is what he is saying. it is true that is the way a model would have it play out. the question and what assumptions go in that assertion by lowering rate and obviously on
a tax cut that ads to the deficit. that is part one. there is no economist that can say mitt romney tax plan adds $5 trillion if i say i will not add to the deficit with my tax plan. >> if you are lowering the rates the way you describe, governor, it is not possible to come up with enough deductions and loopholes that only affect high overincome individuals to avoid either raising the deficit or burdening the middle class. it is math. >>trace: which candidate had the upper hand and...
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cuts, going beyond the extension of the bush tax cuts. he talks about raising defense spending. he rejects a 10 to one ratio of spending cuts to tax increases. simpson-bowles. you mentioned them. they say the math doesn't add up in the romney plan and he won't tell us how he thinks it does. >> well, listen. the country is hungry for bipartisan compromise, david. i agree with you,t( especially after the last four year was intense partisanship from this white house. and mitt romney is the only candidate in this race who has a record of showing he knows as an executive how to forge bipartisan compromise. as the governor of massachusetts, over 85% of his legislature democrats, he made things happen. and he will make things happen as president of the united states. and will forge the right type of compromise to get this done. and that's the way it's going to work. >> do you think that this governor romney should be in a situation where he's actually prepared to deal with revenue, to raise revenue, go against his party if it's part of a package
cuts, going beyond the extension of the bush tax cuts. he talks about raising defense spending. he rejects a 10 to one ratio of spending cuts to tax increases. simpson-bowles. you mentioned them. they say the math doesn't add up in the romney plan and he won't tell us how he thinks it does. >> well, listen. the country is hungry for bipartisan compromise, david. i agree with you,t( especially after the last four year was intense partisanship from this white house. and mitt romney is the...
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tax rates. it's revenue neutral. >> it's not unless you take away the deductions. we're going to get to that. the first half. lowering the tax rates. does that cost $5 trillion? >> no. >> the master of the power point was having a hard time making a point. let's break down what paul ryan is actually saying here. romney and ryan will give trillion in tax breaks to the wealthiest americans. subtract an unspecified amount of money of unnamed deductions. somehow you're going to get a revenue neutral tax plan. it's a plan so bogus not even a fox news host can understand it. >> you haven't given me the math. >> i don't have the -- it would take me too long to go through the math. >> paul ryan, paul ryan, if you want to be a heartbeat away from the presidency, we're going to have to explain your plans to the american people. take all the time you want. especially here on "the ed show." you guys have been complaining about media fairness preponderance let's talk it over. today paul ryan told a radio hos
tax rates. it's revenue neutral. >> it's not unless you take away the deductions. we're going to get to that. the first half. lowering the tax rates. does that cost $5 trillion? >> no. >> the master of the power point was having a hard time making a point. let's break down what paul ryan is actually saying here. romney and ryan will give trillion in tax breaks to the wealthiest americans. subtract an unspecified amount of money of unnamed deductions. somehow you're going to...
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that it will be taxed at 35%. you're allowed to act as if it is your money being invested which it is not. it is a lie! and he think -- he says that will limit capital and the growth of jobs. it is crap! these guys shave that extra money they make off and they send it to the cayman islands. they park it someplace else. it is crap. and that's why he won't say it. that's why he has to speak around it. >> stephanie: i think the president -- i'm really -- i'm unnaturally excited about tonight's debate. >> you will be drunk. >> stephanie: i'm not. political geek nirvana. 29 minutes after the hour. right back. hump days with hal on "the stephanie miller show." >> stephanie: she was eight. >> eight. >> stephanie: prime minister david cameron accidently left his daughter in a bar. >> there is a difference. >> stephanie: that's a mix up. >> she was finishing his red barrel. >> stephanie: there was a mix up after a family lunch at a publish. >> of course. (vo) what is said here could decide the election. current tv presents
that it will be taxed at 35%. you're allowed to act as if it is your money being invested which it is not. it is a lie! and he think -- he says that will limit capital and the growth of jobs. it is crap! these guys shave that extra money they make off and they send it to the cayman islands. they park it someplace else. it is crap. and that's why he won't say it. that's why he has to speak around it. >> stephanie: i think the president -- i'm really -- i'm unnaturally excited about...
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>> keeping tax rates down. by lowering tax rates, people keep more of the dollar they earn. that matters. that is pro-growth policy. that creates seven million jobs. >> that's more important than? >> than anything. >> tax breaks for millionaires and billionaires are more important than anything else? those are paul ryan's words. for bet about paying for the tax cuts that he's talking about. you know, they are here to stay if romney and ryan get elected. you can count on that. it's no wonder the romney campaign is struggling with this entire message. but when all else fails, what you got to do is blame the media. >> carrying water for barack obama? >> it kind of goes without saying that there's definitely a media bias. >> where have you seen it in this campaign where you feel they are judging you by one standard and obama by another? >> i'm not going into fit for tat. there's a media bias. and anybody with objectivity would believe that. >> blaming the media is the latest talking point for paul ryan. at a fundraiser, ryan told supporters the campaign needs their help to fight
>> keeping tax rates down. by lowering tax rates, people keep more of the dollar they earn. that matters. that is pro-growth policy. that creates seven million jobs. >> that's more important than? >> than anything. >> tax breaks for millionaires and billionaires are more important than anything else? those are paul ryan's words. for bet about paying for the tax cuts that he's talking about. you know, they are here to stay if romney and ryan get elected. you can count on...
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i believe the wealthy should pay more taxes. isght now, the middle tax suffering. that mitt romney literally lied. he said this, and then last night he changed -- wednesday night he changed it up. about the 47%. for the middle class, he is not. years for the rich people. and all of those on wall street. thank you for giving me the opportunity to talk to you. host: from the washington post, the new fed notes are up from the last meeting. said a felt need for stimulus trumped risks, notes show. federal reserve officials debated the risks of beginning an ambitious new stimulus policy before ultimately giving it a green light, according to minutes of the central bank's september meeting. next is a call from kevin, palm springs, california. an independent this regard but the role of government in your life. caller: i think the president's description of the role of government was spot on. we have to remember the president is a constitutional lawyer. now, mitt romney's description of the government is inaccurate. he talks about -- hear references the preamble to the cons
i believe the wealthy should pay more taxes. isght now, the middle tax suffering. that mitt romney literally lied. he said this, and then last night he changed -- wednesday night he changed it up. about the 47%. for the middle class, he is not. years for the rich people. and all of those on wall street. thank you for giving me the opportunity to talk to you. host: from the washington post, the new fed notes are up from the last meeting. said a felt need for stimulus trumped risks, notes show....
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the cut in tax rates. >> the cut in tax rates is lower all american tax rates by 20%. >> how much does that cost? >> it's revenue neutral. >> it's not revenue neutral unless you take away the deductions. we're going to get to that. >> lowering tax rates by broadening the tax base works. and you can -- >> but you haven't given me the math. >> well, i don't have the time -- it would take me too long to go through all of the math. >> what's your response to that answer, steve, just the whole series of back and forth there? >> i think that really that's the wrong argument to have if you're paul ryan. >> what do you mean that's the wrong argument? he's the numbers guy. he's the fiscal responsible face of the republican party, what other -- is he supposed to be on the front line for foreign policy? this was supposed to be his game. why is that the wrong argument? >> i didn't say it was the wrong issue. i said the wrong argument. those are two different things. >> okay. >> to me he's accepting the premise of the questions that taxing and spending and how big the government is and the role of
the cut in tax rates. >> the cut in tax rates is lower all american tax rates by 20%. >> how much does that cost? >> it's revenue neutral. >> it's not revenue neutral unless you take away the deductions. we're going to get to that. >> lowering tax rates by broadening the tax base works. and you can -- >> but you haven't given me the math. >> well, i don't have the time -- it would take me too long to go through all of the math. >> what's your...
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in an interview, romney was pressed for specifics on his tax plan. after ryan said on fox news on sunday the math would take too long to explain. >> you could say everybody is going to get up to a $70,000 deduction and can use your charitable deduction or home mortgage deduction or others. and you can fill that bucket if you will, the $17,000 bucket that way and higher income people might have a lower number. or you could do it by the same method that boll simpson did it. but that's the sort of thing you do with congress. >> so that's the most detail we have heard romney talk about this idea of different buckets and a cap on deductions. but still it's been at nearly every stop in the the last two weeks. romney has had to explain the 47% remark. don't be surprised if we hear a version of this answer when it comes up wednesday night. >> if you could go back to that fundraiser, would you have said it differently? >> it's not productive for someone to get into the detail of how a campaign is going to cop l together the people i need to win an election. i
in an interview, romney was pressed for specifics on his tax plan. after ryan said on fox news on sunday the math would take too long to explain. >> you could say everybody is going to get up to a $70,000 deduction and can use your charitable deduction or home mortgage deduction or others. and you can fill that bucket if you will, the $17,000 bucket that way and higher income people might have a lower number. or you could do it by the same method that boll simpson did it. but that's the...
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and rick santorum said in the fictitious land of obama ville romney fight santorum using moves like tax evasion and olympics savior santorum counters with sweater vest and a special move to claim coal herman cain joins the me like he unleashes his nine nine nine attack on romney romney counters with another round of tax evasion toward the end of the epic battle santorum even manages to give romney a dose of church and state. videos are no doubt are doing their due out in the series all leading up to the fine now a battle between royale between president obama and romney one can only wonder about the moves of the future character paul ryan had an austerity attack. on the rand roundhouse kick. you know the mainstream news media as a joke when even one of the most historic trusted influential political news programs. because in a corporate corruption what happened on meet the press this weekend i want can you do to stop the steady stream of misinformation that's korea out of your t.v. so you and i still eat it. you know. you think you understand it and then. you hear or see some other part
and rick santorum said in the fictitious land of obama ville romney fight santorum using moves like tax evasion and olympics savior santorum counters with sweater vest and a special move to claim coal herman cain joins the me like he unleashes his nine nine nine attack on romney romney counters with another round of tax evasion toward the end of the epic battle santorum even manages to give romney a dose of church and state. videos are no doubt are doing their due out in the series all leading...
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what tax approach do you think could be negotiated in the lame duck? >> you know, we've had deadlock for two years and it's been on the revenue side, not on the cutting side. we always seem to agree on various cuts to make, whether on the domestic discretionary programs like education or highways or on the entitlement programs, but we never seem to agree on revenues. i think one of the major stumbling blocks which i've pointed out people have bought on to the theory as part of deficit reduction we ought to lower the top rate on the highest income people. you lose a ton of revenue there and you can't make it up unless you squeeze the middle class. so if you're going to start out by saying the first thing we do is lower the rate from say 35 to 28 as simpson-bowles does or 25 as ryan does it's virtually impossible do deficit reduction without hurting the middle class. my suggestion intended to break this deadlock, this gridlock we've had on getting a budget deal for the last year and a half, let's get off this thing that the first thing we do is say we're
what tax approach do you think could be negotiated in the lame duck? >> you know, we've had deadlock for two years and it's been on the revenue side, not on the cutting side. we always seem to agree on various cuts to make, whether on the domestic discretionary programs like education or highways or on the entitlement programs, but we never seem to agree on revenues. i think one of the major stumbling blocks which i've pointed out people have bought on to the theory as part of deficit...
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his running mate paul ryan refused to say how much their tax cut would cost alleging it would take too long to get into all the math. congressman ryan defended that dodge yesterday. >> i didn't want to get into all the math of this because everybody would start changing the channel. >> and an hour ago, after offering no new specifics on his ticket's tax plan ryan said this -- >> problem is it took me about five minutes to go into all of this with you and you're in a 30-second tv show you can't do it as much. >> on behalf of the television industry, we salute you paul ryan for being so consider ate of the viewers at home. americans still have close to no idea as to what the romney/ryan plan is actually all about. will an 11-minute period of open discussion tomorrow night prove sufficient for governor romney to, quote, get into all the math? perhaps. but with so many of his own policies and open conflict with one another it seems like the most pressing equation for team romney to solve is whether mitt plus mitt equals one or two. the paradox of the mittens, katrina. >> i mean the romney/
his running mate paul ryan refused to say how much their tax cut would cost alleging it would take too long to get into all the math. congressman ryan defended that dodge yesterday. >> i didn't want to get into all the math of this because everybody would start changing the channel. >> and an hour ago, after offering no new specifics on his ticket's tax plan ryan said this -- >> problem is it took me about five minutes to go into all of this with you and you're in a 30-second...
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one thing or another is that a tax increase or not? it is through the tax system. so, did you lie? he's going to say no, i did not lie. >> you say something, you call him out on it. here's the deal. romney's not going to try to bring it up in the debate. nor will president obama because the moment you do, you have opened the door for your opponent to actually you out. so, responsibility's going to rest on the debate moderator, who is not going to do it, but again, what people are saying is can i get somebody to tell me the truth? you can cross words all you want to, but there are some things called undeniable truth. so no matter how you want to dance around it, some things are very clear. >> there's also such a thing as throwi throwing things against the wall and that is what the obama campaign has been effective at doing and the romney campaign hasn't been. >> the romney campaign, they have been -- i can show you the proof. go to our website. again, you have campaigns -- >> check up on after the fact. >> my point, you said earlier -- i said absolutely. if you have that many eyebal
one thing or another is that a tax increase or not? it is through the tax system. so, did you lie? he's going to say no, i did not lie. >> you say something, you call him out on it. here's the deal. romney's not going to try to bring it up in the debate. nor will president obama because the moment you do, you have opened the door for your opponent to actually you out. so, responsibility's going to rest on the debate moderator, who is not going to do it, but again, what people are saying...
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to avert the fiscal cliff, in which everything from payroll taxes to full tax rates will go up. >>> and now our fourth story outfront. under attack by hackers. this was pretty incredible because the white house today confirmed that its military office was the target of a cyber attack with a suspected attacker, china. this is the office responsible for the united states of america's nuclear warplane. now, cnn has learned this was an unclassified network which was hit. officials say they dealt with the threat, but these attacks are relentless and the pentagon encounters thousands of them a day. how does washington keep up with this threat? "outfront" tonight, retired colonel cedric leighton. colonel, great to see you. the white house is saying we dealt with this, still, this is the white house. this is an office which is responsible for the united states of america's nuclear war plans how. how serious was this? >> it's great to see you, too, but this is too close for comfort when it comes to hacking attacks, especially when it comes to protecting the nuclear codes and anything else th
to avert the fiscal cliff, in which everything from payroll taxes to full tax rates will go up. >>> and now our fourth story outfront. under attack by hackers. this was pretty incredible because the white house today confirmed that its military office was the target of a cyber attack with a suspected attacker, china. this is the office responsible for the united states of america's nuclear warplane. now, cnn has learned this was an unclassified network which was hit. officials say they...
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and he's just as hapless on taxes. >> raise taxes with obama care but he's got another taxes in mind. >> governor romney doesn't need zingers. he needs to get his story straight. he needs to stop debating himself. and at the end of the day, this election isn't about one liners. just ask our president. >> i know folks in the media are speculating already on who's going to have the best zingers. what i'm most concerned about is having a serious discussion about what we need to do to keep the country growing and restore security for hardworking americans. that's what people are going to be listening for. that's the debate that you deserve. >> that's the debate voters deserve. and on wednesday night, they won't be distracted by any zingers cooked up by romney's team of joke writers. joining me now is michelle cottle, washington correspondent for "newsweek" and the daily beast. and dana milbank, columnist for "the washington post." thanks to you both for coming on tonight. dana, are zingers the answer for mitt romney? >> well, he has to beware the very perilous boomerang zinger. delivering
and he's just as hapless on taxes. >> raise taxes with obama care but he's got another taxes in mind. >> governor romney doesn't need zingers. he needs to get his story straight. he needs to stop debating himself. and at the end of the day, this election isn't about one liners. just ask our president. >> i know folks in the media are speculating already on who's going to have the best zingers. what i'm most concerned about is having a serious discussion about what we need to...
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presidential nominee, who is preparing for his own debate, again avoided giving details of the romney tax plan, even when pressed. >> you haven't given me the math. >> i don't have the -- it would take me too long to go through all of the math. >> reporter: the president is in nevada tonight for what insiders call three days of debate camp at a resort outside of las vegas. they too are trying to lower expectations and believe accounts that the romney campaign is convinced debates are about moments. >> the idea that i'm anti-immigrant is repulsive. >> reporter: and romney will come armed with several one-liners. >> clearly they've been practicing these zingers and lines for months, so i'm sure they'll have a bunch of clever line, but that's ultimately not what the american people are looking for. >> reporter: the president is being coached to be crisper, to shorten his answers, and a former democratic candidate says mr. obama needs to avoid being irritable. >> but he's got to relax. he's got to show it, and he's got to show a little sense of humor. he's got to show why he's likable. >> rep
presidential nominee, who is preparing for his own debate, again avoided giving details of the romney tax plan, even when pressed. >> you haven't given me the math. >> i don't have the -- it would take me too long to go through all of the math. >> reporter: the president is in nevada tonight for what insiders call three days of debate camp at a resort outside of las vegas. they too are trying to lower expectations and believe accounts that the romney campaign is convinced...
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when you take that with state income tax and payroll tax and real-estate taxes and gasoline taxes, all together that means small business that are highly successful will end up giving more of what they have the government. that will kill jobs. i do not want to kill jobs. my priority is to create jobs, and i will do that with everything i can do. we can do better. we do not have to stay on the path we have been on. there was a report that came out this morning on job creation this last month. there were fewer new jobs created this month than last month. the unemployment rate has come down very slowly, but it has come down nonetheless. the reason it has come down this year is due to the fact that more and more people have just stopped looking for work. if you drop out of the workforce, give up and say i cannot go back to work, i will stay home, if you drop out altogether, you're no longer part of the statistics. it looks like unemployment is getting better, but if the same share of people were participating in the workforce today as on day the president got elected, unemployment would be
when you take that with state income tax and payroll tax and real-estate taxes and gasoline taxes, all together that means small business that are highly successful will end up giving more of what they have the government. that will kill jobs. i do not want to kill jobs. my priority is to create jobs, and i will do that with everything i can do. we can do better. we do not have to stay on the path we have been on. there was a report that came out this morning on job creation this last month....
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, like your home mortgage tax deduction, in the romney/ryan tax plan. not enough time. they can't even say if you will pay more or less with their tax plan. well, mitt, i'm sure president obama will give you as many of his minutes as you need to explain it all in wednesday night's debate. >> mitt romney needs a great october. >> we know romney needs a great october. >> to change the course of this campaign. >> the final push is on. >> just days away from the first presidential debate. >> both candidates cramming for the first debate. >> everyone trying to lower expectations. >> franticly spinning to lower expectations. >> >> president obama is an experienced debatetor. >> i'm just okay. >> almost everyone seems to be muting enthusiasm in trying to undersell thvernlths is mitt's first time. >> i don't buy that. >> chris christie is taking a different tack. >> we have a candidate who is going to do extraordinary well on wednesday night. come thursday morning when we get to thursday morning, the entire narrative of this race is going to change. >> this is
, like your home mortgage tax deduction, in the romney/ryan tax plan. not enough time. they can't even say if you will pay more or less with their tax plan. well, mitt, i'm sure president obama will give you as many of his minutes as you need to explain it all in wednesday night's debate. >> mitt romney needs a great october. >> we know romney needs a great october. >> to change the course of this campaign. >> the final push is on. >> just days away from the first...
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mitt romney talked about his tax plan. what the president was trying to say was you can't have a program of tax cuts and also increase in defense spending. that adds up. without drastic spending cuts. that's one of the things people will be going after mitt romney. also his claims about health care plan and medicare, how his plan would work out. i think in particular the question of the taxes and the budget and how that would affect people it will really put into place that will be the main fact checking question going forward. >> john, i feel facts has been one of the casualties in this campaign, certainly both sides. there's stuff in papers analyzing what obama said that was untrue and what mitt romney said that was untrue. let's talk about mitt romney's tax plan. he wants to cut everyone's rate by 21%. is it true that that would cost $5 trillion? yes or no? >> reporter: well the question is how do you shape it? the question for romney is not necessarily that he's telling an untruth it's that he's not giving us any of th
mitt romney talked about his tax plan. what the president was trying to say was you can't have a program of tax cuts and also increase in defense spending. that adds up. without drastic spending cuts. that's one of the things people will be going after mitt romney. also his claims about health care plan and medicare, how his plan would work out. i think in particular the question of the taxes and the budget and how that would affect people it will really put into place that will be the main...
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we are going to talk to him about a new proposed international tax. >> allen west talking about what went wrong wiin libya. evan bayh former senator from the great state of indiana is going to talk about a tax on all of it at a time when we needed it the least. that's starting in 12 minutes on the fox news channel. stay with us. >> medicare can stop housing. this is part of the president's healthcare law that is meant to improve quality of care. the average fine is 125,000 dollars. >> bonnie and clyde still robbing people. two of their guns selling for half a million dollars at auction. the colt 45 was found in his waist band and bonnie's 38 special was found apparently taped to her thigh. that's when the infamous outlaws were killed back in 1934. >> the battle of the bulge. you know the muffin top, some diets can be dangerous for your health. here to breakdown the dos and don'ts fitness expert nikki fitness. >> good to see you. >> let's start first with the cleanse. so many people i hear a lot of people in the studio here in new york city doing these cleansing diets. are they health
we are going to talk to him about a new proposed international tax. >> allen west talking about what went wrong wiin libya. evan bayh former senator from the great state of indiana is going to talk about a tax on all of it at a time when we needed it the least. that's starting in 12 minutes on the fox news channel. stay with us. >> medicare can stop housing. this is part of the president's healthcare law that is meant to improve quality of care. the average fine is 125,000 dollars....
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we cut taxes -- >> what will you do as president? >> i will sit down on day one -- actually the day i get elected my state. we met every monday and talked about the challenges in our state in that case. we have to work on a collaborative basis, not because we will compromise our principles, but because there is common ground. the reason i am in this race is because there are people hurting. we face this deficit that could crush future generations. there are developments a round the world that are of real concern. republicans and democrats both loved america, but we need to have leadership in washington that will bring people together and get the job done and could not care less if it is a republican or democrat. i have done it before, and i will do it again. >> i think gov. romney will have a busy first day because he is going to repeal obamacare which will not be popular among democrats if you are sitting down with them. my philosophy has been, i will take ideas from anybody as long as they are advancing the cause of making middle-c
we cut taxes -- >> what will you do as president? >> i will sit down on day one -- actually the day i get elected my state. we met every monday and talked about the challenges in our state in that case. we have to work on a collaborative basis, not because we will compromise our principles, but because there is common ground. the reason i am in this race is because there are people hurting. we face this deficit that could crush future generations. there are developments a round the...
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to save and invest tax free. this is one of the big differences between these two candidates. mitt romney has a pro growth tax reform plan and create jobs and get the economy moving. you heard the president has no plans whatsoever. >> but the democrats keep pointing out you're being very vague and you're not being very specific in the so-called offsets. how do you pay for $5 trillion in tax cuts without raising the deficit? >> well, you know what, wolf, i'm reminded of what happened in 1986, the last time the congress and the president reagan at the time undertook major tax reform. the president didn't come forward with a plan, take it or leave it plan that he presented to the congress. instead, he articulated some broad principles that would guide him in his negotiations with congressional leaders and those led to major tax reform. that created a major economic expansion in this country. those are the same principles that governor romney would follow, if he's elected as president. >> so, he's not going to spell
to save and invest tax free. this is one of the big differences between these two candidates. mitt romney has a pro growth tax reform plan and create jobs and get the economy moving. you heard the president has no plans whatsoever. >> but the democrats keep pointing out you're being very vague and you're not being very specific in the so-called offsets. how do you pay for $5 trillion in tax cuts without raising the deficit? >> well, you know what, wolf, i'm reminded of what happened...
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to do to the tax code. he has a tax cut that would cost $5 trillion. that part is true. the president is right about that. romney said from the very beginning, he's consistent so nothing he said last night was new. it's important to put that clearly. he's always said he will pay for that tax cut. that tax cut will not be passed the way it is currently in. he will work with congress to find offsets. romney has not named any offsets or shown how to pay for it, and it's not clear that he can, given the size of it and given his promise of not letting it become a tax cut for the rich. that's what romney did last night. every time obama said you have a $5 trillion tax cut, he said no i don't. the truth is we don't know what it is. as he's running for president, i think it's information that we're frankly entitled to. >> let me play another clip. the president criticized romney for a lack of specifics in the tax plan and wall street reform and health care. that's how that went down. >> my experience as a governor
to do to the tax code. he has a tax cut that would cost $5 trillion. that part is true. the president is right about that. romney said from the very beginning, he's consistent so nothing he said last night was new. it's important to put that clearly. he's always said he will pay for that tax cut. that tax cut will not be passed the way it is currently in. he will work with congress to find offsets. romney has not named any offsets or shown how to pay for it, and it's not clear that he can,...
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i know but -- >> he's the governor, health care and obesity are important issues, overweight people tax the system much like smokers, is that an issue? >> the fact that he came out and became vulnerable is really what it's about and would have earned him those votes. look at obama telling america, i'm going to quit smoking for you, i'm going to work for it. michelle saying, watch him, let me know how he's doing. so i think the point is, we all have foibles. but when you talk about, you asked earlier about a politician potentially using drugs and alcohol. those kinds of chemicals affect their judgment and their decision-making ability when they have to make public policy, don. >> good point. >> that's a little different than someone reading the news and being judged for what she looks like, instead of how she thinks and what she does. >> go ahead, emme. >> absolutely, i agree with you, doctor. i think we have to take a look at this. the people who are larger in this country, it is the last laugh. it is the joke that's acceptable. it is truly -- there are children that are committing suic
i know but -- >> he's the governor, health care and obesity are important issues, overweight people tax the system much like smokers, is that an issue? >> the fact that he came out and became vulnerable is really what it's about and would have earned him those votes. look at obama telling america, i'm going to quit smoking for you, i'm going to work for it. michelle saying, watch him, let me know how he's doing. so i think the point is, we all have foibles. but when you talk about,...